Russian Relief: Oil’s Surge Lifts Russia ETF

Long correlated to oil prices due to its nearly 43% weight to the energy sector, the Market Vectors Russia ETF (NYSEArca: RSX) is finally getting some relief as oil prices rebound. The United States Brent Oil Fund (NYSE: BNO) has surged 21.3% over the past week, sparking RSX to a gain of more than...